Today we are going to have a deep insight in a Microfinance Giant of India, Bandhan Bank. This Newest bank of India is a Kolkata based financial service provider which serves to Indian banking customers with its world-class banking products and services to customers from all walks of India.

About Bandhan Bank:

Bandhan bank is a subsidery of Kolkata based microbanking organisation BFSL, ofer complete retail financial solutions, including a variety of savings and loan products.

Although the bank has a motive to serve the unbanked pocket of India with at least 35% branches in rural area.

It has a full fledged banking services in Urban and sub urban area of India.

The RBI licensing norms stipulates that a new bank must have at least Rs. 500 crore capital. Against this, Bandhan has started with Rs. 2,570 crore capital.

Career in Bandhan Bank :

There are lots of Banking job aspirants in India. Bandhan Bank is providing a golden opportunity to those at their career page. A major expansion in mainstream banking made Bandhan group hire 400 skilled bankers and 3,000 freshers before operation.

Objective of bank:

There are two main objectives Woman empowerment and poverty eradication.
Bandhan microfinance is already focusing on those who are overlooked by general banking system with a goal to create better education and self employment opportunities.

Bandhan Bank Branch Locator service:

If you want to find the nearest Bandhan bank branch in your area, Bandhan bank comes with two great solutions.

Call on their toll free no. & the customer care executive will help you out to find Bandhan bank branch.

Bandhan Bank share price & premium is not disclosed for foreign investors. It is expected that Bandhan Bank's share will be at sock exchange after Aug 2018, completion of 3 year time, according to RBI Guidelines.

Bandhan Bank Product & Services:

Accounts:

There are following type of accounts available:

Saving account

Premium Saving account

Loans:

Retail Loans

Home Loans

Deposits:

Fixed Deposit

Fixed deposit Premium

Some Important Organisations Associated with Bandhan Bank:

Ogilvy & Mather has built the new branding and crossover strategy of Bandhan from micro-finance to mainstream banking along with improvisation in the interior styles of Bandhan .Madison Communications: finalization of the advertising strategy of the bank.Consulting firm: Deloitte Touche Tohmatsu, IndiaIT and technical support: Fidelity Information Services (FIS) for payment platform and back end support.

Recent News About Bandhan Bank

Bandhan Bank mobilises deposits worth 7k crore in last five months & this has been confirmed by a top official. Mr. Chandra Shekhar Ghosh, MD & CEO of BFSL was overwhelmed by the wonderful outcome told this to reporters at the Bengal Chamber of Commerce & Industry event.

"People have reposed faith in the bank. In these five months, deposits worth Rs 7,000 crore have been made. Its a record of sorts" : CEO, Bandhan Bank

He also added that They are focusing on MSME loans, Corporate loans will come in later stage.
The BCCI event was held in Kolkata, Most of Newspapers published this news on 3rd Feb 2016.

Earlier Bandhan Bank opened its 608th branch in Lucknow, on 14th Jan 2016.